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May 10, 2024
Question

Bank Balance

  • May 10, 2024
  • 1 reply
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I recently realized that I could track my three locations in one Quickbooks account.  I uploaded my 2nd location trial balance as of 12/31/23.  My trial balance is correct, but when I went to reconcile January bank balance, the beginning balance was zero.  I corrected that by entering a by entering the correct balance in an opening balance equity transaction.  Now my reconciliation is perfect, but my bank balance in the register is too high because of the 12/31/2023 entry.  How can I fix this?

1 reply

Candice C
May 10, 2024

Hey there, @mmd4

 

Welcome back to the Community! 

 

Did you use the steps listed on this guide to manage your opening balance? 

 

Enter and manager opening balances in QBO

 

I'll be waiting for your response!